Araz is 27 years old, married with two children. Araz is raising sheep in Imishli, because mutton is in good demand in this region. He has been in this business for seven years.
Since high school, Araz chose not to study, but to continue the family tradition and to become a shepherd. This is a very profitable business and Araz is doing it together with his father.
Araz sells the mutton in the city market. He raises the sheep and brings them to the central bazaar. He has plans to expand this business, because mutton is in high demand in the market, due to its being used in the traditional meals of Azerbaijani people. His monthly income is 300 AZN.
Araz has already taken three loans from Aqroinvest and he has a good loan history. He is applying for a loan of 1500 AZN. Araz believes with this loan he can buy a dozen sheep and expand his business.
Aqroinvest Credit Union was founded by a group of 32 Imishli farmers in 2001, and has grown to become one of the largest credit unions in Azerbaijan. It boasts a portfolio of nearly $5 million and is wholly owned by its more than 3,500 borrowers, as of December 2011.